Steve Benson

They trim off a little flesh and then they go a little deeper and they go a little deeper and eventually they hit bone.

It'll likely be a fairly painful process for a lot of businesses in the world.

Some are already in deep trouble immediately, obviously.

You're a

A bar, bars are, if you're a bar in San Francisco, the bars are closed.

Your revenue just dropped to zero.

I think we did about 8% convertible note.

and this is, you know, eight, eight years ago, seven years ago, we did this.

So, but no other equity other than that.

So we've sold 8% of the business and convertible notes, but no, no professional money in.

I think more like 450, if I recall.

I think it's a great time to take on debt because this doesn't last forever, right?

This is a, this is likely a shorter term bump.

Is it, is it a three month problem?

Is it an eight, eight month problem?

I'm not sure, but, um, it's certainly not a two week problem and it's certainly not a two year problem.

So I think, you know, there, there are a lot of fantastic debt providers out there that have, have really gone after the SAS space.

Um, you know, and, and I think that, that, uh, I mean, there are, there are,

40 of them.

And, and, you know, some of them are better than others, but they're, I think I haven't run into any, I haven't run into any terrible ones I've run into and I haven't run into any amazing deals or anything.